$CRUS Climactic Absorption at 52 Week Support FloorCirrus Logic, Inc.BATS:CRUSROW_PartnersCirrus Logic is exhibiting textbook capitulation absorption after a 40 percent slide from its peak down into the current structural base. The weekly and daily timeframes align at this multi year horizontal support zone. Daily volume just printed the largest green accumulation BARS in months, most likely indicating institutional block buying absorbing retail stop loss liquidations. Daily RSI is trying to creep out of extreme oversold territory. The TTM squeeze histogram is fighting, crawling back toward zero. The volume profile demonstrates strong institutional accumulation establishing a structural bottom. Fundamental Context Clean balance sheet with zero long term debt and over 400M in annual free cash flow. Trading at approximately 13x forward earnings, providing strong valuation support. Q1 FY27 revenue grew nearly 13 percent year over year, with solid profitability and consistent margins. Trade Implications of the Customer Concentration The Double Edged Sword: Whenever Apple ramps iPhone supply chain production, CRUS prints massive free cash flow. However, whenever Apple delays a feature (or rumors circulate about Apple bringing a chip in house), the stock gets hit with sudden multiple compression. Trade Discipline Technical Invalidation: Daily close below 105. Asymmetry favors long swing exposure as long as the 105 structural floor remains protected. TGtg!